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VEON LTD (VEON) Stock Technical Analysis

NASDAQ:VEON - Nasdaq - US91822M5022 - ADR

45.69  -0.31 (-0.67%)

Technical Rating and Analysis

10

Overall VEON gets a technical rating of 10 out of 10. Both in the recent history as in the last year, VEON has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that VEON is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by VEON over the past year are nicely spread over this period.
VEON is one of the better performing stocks in the Wireless Telecommunication Services industry, it outperforms 95% of 22 stocks in the same industry.
VEON is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
VEON is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Weekly and Daily overview Charts
VEON LTD / VEON Weekly stock chart
VEON LTD / VEON Daily stock chart
Setup Rating and Analysis

3

Although VEON has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

29.36

46.56

5 important support areas can be observed.

  • A support zone ranging from 45.50 to 45.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @34.13 from a trend line in the daily time frame.
  • Support @31.55 from a trend line in the weekly time frame.
  • Support @30.45 from a trend line in the weekly time frame.
  • Support @29.66 from a trend line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 46.01 to 46.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.33
Mansfield4.41
10 Day High48.39
10 Day Low43.67
20 Day High48.39
20 Day Low35.55
52 Week High48.39
52 Week Low18.64
Performance
1 Week2.21%
2 Weeks2.74%
1 Month26.92%
3 Month45.97%
6 Month69.22%
12 Month136.12%
2 Year263.7%
3 Year27.8%
5 Year-29.44%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.04
RSI(14)73.16
LBB40.53
UBB48.38
VEON LTD / VEON Daily stock chart

VEON LTD

NASDAQ:VEON (1/21/2025, 8:00:02 PM)

45.69

-0.31 (-0.67%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryWireless Telecommunication Services
Performance
% Chg-0.67%
1 Week2.21%
2 Weeks2.74%
1 Month26.92%
3 Month45.97%
6 Month69.22%
12 Month136.12%
2 Year263.7%
3 Year27.8%
5 Year-29.44%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.19
ATR(20)%4.52%
ATR Inc-39.08%
Range Today1.48
ADR(20)2.01
ADR(20)%4.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.33
Mansfield4.41
10 Day High48.39
10 Day Low43.67
20 Day High48.39
20 Day Low35.55
52 Week High48.39
52 Week Low18.64
CS1 End45.68
CR1 Start46.01
Volume & EV
DER(3)-6.94%
DER(5)-2.18%
Volume176.50K
Volume Incr53.45%
Vol(5)184.72K
Vol(50)91.71K